As Weil eyes a merger, who is a sizeable suitor? Legal US heavyweight law firm Weil Gotshal and Manges is reportedly pursuing a merger with another law firm and is in active discussions, fuelling speculation across the legal sector about the likely contenders. Leadership at the New York-headquartered firm, renowned as a powerhouse in corporate restructuring, private equity, and mergers and acquisitions, reportedly told top partners [...]
Retail is now the most distressed sector in Europe Retail Distress in the retail and consumer goods sector has reached its highest level since the financial crisis as geopolitical and economic volatility continue to erode businesses. The downturn has been driven by a combination of high interest rates, cost inflation and low consumer demand, with the latter a particular strain on UK businesses, according to [...]